F&ES 505a

Economics of the Environment

This course provides students with in-depth training using economic analysis to address environmental policies and management. Students are exposed to tools that allow them to assess the efficiency of different environmental policies and management strategies. The course examines when markets manage the environment efficiently and when they fail. It covers a range of topics including preventing pollution, managing renewable resources, and consuming non-renewable resources. It stresses the importance of science and values in making efficient choices. The course is a prerequisite for all advanced economics courses and provides knowledge that is fundamental to success in F&ES courses on resource management

The course is a prerequisite for all advanced economics courses and provides knowledge that is fundamental to success in most FES courses on resource management.